Some reflections on technical and allocative inefficiency modeling
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A101340" target="_blank" >RIV/60460709:41110/24:101340 - isvavai.cz</a>
Result on the web
<a href="https://journals.sagepub.com/doi/abs/10.1177/13548166241248015" target="_blank" >https://journals.sagepub.com/doi/abs/10.1177/13548166241248015</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1177/13548166241248015" target="_blank" >10.1177/13548166241248015</a>
Alternative languages
Result language
angličtina
Original language name
Some reflections on technical and allocative inefficiency modeling
Original language description
his paper offers a concise overview of the existing literature on efficiency and productivity, focusing on stochastic frontier models. The emphasis is placed on technical inefficiency (TI), defined as the failure to produce the maximum output given inputs, and allocative inefficiency (AI), arising from non-optimal input utilization. The primary objective of this brief survey is to assist readers in grasping the fundamental concepts of modelling TI and AI within single and/or multiple output production technologies. Additionally, attention is given to the challenges associated with computing the cost of AI (CAI) in primal-based models, as well as modelling CAI within dual cost and profit functions.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Tourism Economics
ISSN
1354-8166
e-ISSN
1354-8166
Volume of the periodical
neuvedeno
Issue of the periodical within the volume
neuvedeno
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
1
Pages from-to
1-1
UT code for WoS article
001214422600001
EID of the result in the Scopus database
2-s2.0-85192364615